Acquired appliances and fixtures may be deducted from rental income either as annual expenses or by depreciation. For a furnished apartment, the landlord may choose to use a so called ’set fixture deduction’ or the deduction of actual costs.
Acquired appliances and fixtures may be deducted from rental income either as annual expenses or by depreciation. For a furnished apartment, the landlord may choose to use a so called ’set fixture deduction’ or the deduction of actual costs.